Brocade Reports Fourth Quarter and Fiscal 2016 Earnings

Brocade Reports Fourth Quarter and Fiscal 2016 Earnings

SAN JOSE, CA — (Marketwired) — 11/21/16 — (NASDAQ: BRCD) today reported financial results for its fourth quarter and full fiscal year 2016 ended October 29, 2016. Brocade reported fourth quarter revenue of $657 million, an increase of 12% year-over-year and 11% quarter-over-quarter. Revenue for fiscal year 2016 was $2,346 million, up 4% year-over-year. GAAP diluted earnings per share (EPS) was $0.16 for the fourth quarter and $0.51 for fiscal year 2016, down 19% and down 35% year-over-year,

Brocade to Announce Fourth Quarter and Fiscal Year 2016 Results on November 21, 2016

Brocade to Announce Fourth Quarter and Fiscal Year 2016 Results on November 21, 2016

SAN JOSE, CA — (Marketwired) — 11/03/16 — Brocade (NASDAQ: BRCD) today announced plans to report its financial results for its fourth quarter and fiscal year 2016 on Monday, Nov. 21, 2016 following the close of the market. The earnings announcement will be available shortly after 1:00 p.m. PST (4:00 p.m. EST) at , and will be furnished to the SEC on Form 8-K. The earnings announcement will also be distributed by Marketwired. Brocade will not conduct an earnings conference call due to the rec